{"id":590445,"date":"2025-11-24T08:47:14","date_gmt":"2025-11-24T08:47:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/590445\/"},"modified":"2025-11-24T08:47:14","modified_gmt":"2025-11-24T08:47:14","slug":"uks-fiscal-watchdog-will-downgrade-growth-forecasts-sky-news-says","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/590445\/","title":{"rendered":"UK&#8217;s fiscal watchdog will downgrade growth forecasts, Sky News says"},"content":{"rendered":"\n<p class=\"yf-1090901\">LONDON (Reuters) -Britain&#8217;s fiscal watchdog will downgrade \u200bits economic growth forecasts for \u200c2026 and for the remaining years of the \u200ccurrent parliament alongside finance minister Rachel Reeves&#8217; budget on Wednesday, Sky News reported on Monday.<\/p>\n<p class=\"yf-1090901\">The independent Office \u2060for Budget \u200cResponsibility was already expected to cut its key productivity growth forecasts,\u200d according to media reports in October.<\/p>\n<p class=\"yf-1090901\">The OBR&#8217;s projections underpin the budget \u200bchoices of British governments. Reeves \u200cis likely to raise taxes to fund an expected 20-30 billion-pound ($26.2-39.3 billion) hit to the public finances from \u2060the OBR&#8217;s weaker \u200bgrowth outlook, \u200bhigher debt costs and other factors.<\/p>\n<p class=\"yf-1090901\">The Treasury did not immediately respond to \u200da request \u2060for comment on the Sky News report.<\/p>\n<p class=\"yf-1090901\">($1 = 0.\u20607631 pounds)<\/p>\n<p class=\"yf-1090901\">(Reporting by Sam Tabahriti, \u200cwriting by Sarah Young, editing \u200cby William Schomberg)<\/p>\n","protected":false},"excerpt":{"rendered":"LONDON (Reuters) -Britain&#8217;s fiscal watchdog will downgrade \u200bits economic growth forecasts for \u200c2026 and for the remaining years&hellip;\n","protected":false},"author":2,"featured_media":590446,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5018,3,4],"tags":[748,186077,5286,393,71839,186075,4884,1144,156084,24163,186076,619,712,29825,16,15,1764],"class_list":{"0":"post-590445","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-britain","8":"category-uk","9":"category-united-kingdom","10":"tag-britain","11":"tag-current-parliament","12":"tag-economic-growth","13":"tag-england","14":"tag-finance-minister","15":"tag-fiscal-watchdog","16":"tag-great-britain","17":"tag-northern-ireland","18":"tag-obr","19":"tag-office-for-budget-responsibility","20":"tag-productivity-growth","21":"tag-rachel-reeves","22":"tag-scotland","23":"tag-sky-news","24":"tag-uk","25":"tag-united-kingdom","26":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115603809575007736","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/590445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=590445"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/590445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/590446"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=590445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=590445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=590445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}